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Action like this. Action like this. Yes, its very difficult for action like this. Yes, its very difficult for this action like this. Yes, its very difficult for this situation action like this. Yes, its very difficult for this situation is l action like this. Yes, its very i difficult for this situation is very special because the transmission of Monetary Policy is very slow. Mostly because they are fixed Interest Rate mortgages for example but also because people have a lot of excess savings from covid because they were transferred to people to go through the pandemic, also to calm down the energy crisis, so this time its different. I dont like this phrase but i would say this is why there is a dogmatic divide between those who say dont wait for a policy mistake, dont hide too much, because things can be strong and we can go into recession and others say inflation is far too ....
A month in repayments. Somehow, were supposed to spend less and find £750 extra a month to pay for that. So, you know, for many families, it is a terrifying situation. You know, if you have young families like ourselves who have been swayed into the Housing Market by government, whos advertised help to buy as an affordable scheme, right . When things become unaffordable, you cant simply turn around and say, thats your problem. A rise of 0. 25 Percentage Points would take the Bank Of Englands base rate to 5. 25 the highest since april 2008. For someone with an average Tracker Mortgage of £200,000, that would mean a rise of more than £23 a month. And for around 800,000 homeowners due to renegotiate their fixed deal in the second half of this year, it could me ....
good morning from the london stadium, which has been transformed as major league baseball comes to the uk for only the second time. two games this weekend. many people believe the sport first started near here, baseball is coming home. a bit of rain and when the sun comes out it will feel quite humid and hot. more details coming up here on breakfast. it s friday, the 23rd ofjune. tributes are being paid to five men, who died on board the titan submersible after it imploded near the wreck of the titanic. the five day search ended after debris was found on the sea bed. our correspondent, jessica parker, joins us now from boston, where the rescue efforts were being coordinated. let s speak to jessica now. let s speak tojessica now. good morning. we had that moment of course yesterday evening uk time when the news was broken that this debris had been found and the assumption made that all five on board were killed. my apologies. as he can see, we have one or two problems wi ....
so what do you think to the strategy? is there any other option? what impact will it have on you? is it right to raise rates? what do you think? get in touch. here is the news. the bank of england is expected to raise interest rates again at midday for the thirteenth time in a row. it s trying to curb rising prices after figures published yesterday showed that inflation stalled last month at 8.7%. a specialist robot is on its way to the north atlantic to help with the search for a missing submersible with five people on board. the titan sub was on its way to see the titanic wreck. estimates suggest oxygen could run out later this morning. bbc analysis shows the uk had one of the worst increases in death rates of major european economies during the covid pandemic. it was 5% higher in the three years after march 2020 compared with the previous five years. services are taking places across the country to mark 75 years since caribbean migrants on the ship, empire windrush, ....